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📝 Revision Notes
Key takeaways from today’s quiz to strengthen your preparation
National Heritage
Syama Prasad Mookerjee Commemoration
A commemorative stamp designed by Nenu Gupta was released on July 9, 2025, marking Syama Prasad Mookerjee’s 125th Birth Anniversary. The event at Siri Fort Auditorium highlighted his contributions to education, national unity, and constitutional development.
Urban Mobility
Delhi’s Saheli Smart Card
Delhi introduced the ‘Saheli Smart Card’ for free bus travel for women and transgender persons, replacing the pink ticket system. This initiative is part of a comprehensive digital mobility plan integrating QR tickets and NCMC cards.
Digital Governance
RBI’s e-Kuber System Expansion
From July 16, 2025, all government payments above ₹75 crore must be routed through RBI’s e-Kuber system (reduced from ₹500 crore). This reform speeds up reconciliation to 24 hours and enhances transparency in government transactions.
Banking & Finance
PSU Bank Capital Raising Plan
PSU banks will raise ₹45,000 crore in FY26 through Qualified Institutional Placement (QIP), part of the government’s ₹47,000 crore disinvestment strategy. SBI will initiate the process, with IDBI Bank stake sale targeted for October 2025.
Technology & Markets
Nvidia’s Historic Valuation
Nvidia became the first company to achieve a $4 trillion market valuation, with stock surging 1,350% since October 2022. It now holds the largest share in the S&P 500, demonstrating AI technology’s market dominance.
International Cooperation
India-Namibia Digital Partnership
Namibia became the first African country to adopt India’s UPI system through a licensing agreement signed during PM Modi’s July 9, 2025 visit. Namibia also joined CDRI and Global Biofuels Alliance, strengthening India-Africa digital cooperation.
Defence & Manufacturing
INS Nistar: Indigenous Naval Asset
India’s first Diving Support Vessel, INS Nistar, was delivered by Hindustan Shipyard Ltd on July 9, 2025, with 75% indigenous content. Equipped for deep sea diving up to 300m and submarine rescue, it exemplifies Aatmanirbhar Bharat.
Global Economy
UNCTAD Growth Projections
The UNCTAD Trade and Development Foresights 2025 report projects 2.3% global growth in 2025, warning of debt crises and policy uncertainties. India stands out as a bright spot with strong domestic demand and IT exports.
Women Entrepreneurship
Andhra Pradesh’s Digi-Lakshmi Scheme
Launched on June 30, 2025, the Digi-Lakshmi scheme will establish 9,034 Common Service Centers to empower urban women entrepreneurs. These kiosks offer 250+ public services and loans up to ₹2.5 lakh, supporting ‘One Family, One Entrepreneur.’
AI & Language Technology
Kalaa Setu Challenge
The Ministry of Information & Broadcasting launched the Kalaa Setu Challenge under WaveX Startup Accelerator to develop AI tools converting text into audio, video, or graphics in Indian regional languages. Submission deadline: July 30, 2025.
🎴 Revision Flashcards
Click each card to flip and test your recall
Tap to Reveal
Who designed the stamp for Syama Prasad Mookerjee’s 125th Birth Anniversary?
Nenu Gupta
Launched on July 9, 2025, at Siri Fort Auditorium
Tap to Reveal
Which state launched the ‘Saheli Smart Card’ for free bus travel?
Delhi
Benefits women and transgender persons
Tap to Reveal
From when will payments above ₹75 crore use RBI’s e-Kuber system?
July 16, 2025
Reduced from previous threshold of ₹500 crore
Tap to Reveal
How much will PSU banks raise in FY26 through QIP?
₹45,000 crore
SBI will be the first to initiate the process
Tap to Reveal
Which company first reached $4 trillion market valuation?
Nvidia
Stock surged 1,350% since October 2022
Tap to Reveal
Which African country first adopted India’s UPI system?
Namibia
Signed during PM Modi’s visit on July 9, 2025
Tap to Reveal
What is the indigenous content percentage of INS Nistar?
75%
India’s first Diving Support Vessel
Tap to Reveal
How many CSCs will Andhra Pradesh’s Digi-Lakshmi scheme establish?
9,034
To empower urban women entrepreneurs
Think & Discuss
India’s Digital Payment Diplomacy: Exporting UPI as Soft Power
Context from today’s quiz: Namibia became the first African country to adopt India’s UPI system through a licensing agreement signed during PM Modi’s visit. This follows similar UPI adoption in countries like Sri Lanka, Mauritius, France, UAE, and Singapore, positioning India’s digital payment infrastructure as a global model.
🤔 Your Perspective Matters
As India successfully exports its Unified Payments Interface (UPI) to multiple countries, a strategic question emerges: Can digital payment infrastructure become India’s most effective tool for soft power and economic diplomacy in the 21st century, potentially rivaling traditional development assistance?
Should India aggressively promote UPI adoption globally as a cornerstone of its foreign policy, or focus primarily on domestic digital infrastructure development?
Should India aggressively promote UPI adoption globally as a cornerstone of its foreign policy, or focus primarily on domestic digital infrastructure development?
- What are the geopolitical advantages and risks of making developing nations dependent on India’s digital payment infrastructure?
- How does UPI diplomacy compare to China’s Belt and Road Initiative in terms of long-term strategic influence?
- Should India monetize UPI exports through licensing fees, or offer it freely as a public good to maximize diplomatic influence and counter Chinese digital infrastructure initiatives?
We’d love to hear your thoughts! Share your perspective in the comments.
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